The Gazette - On balance, the robust and broad based tone to the January retail sales report reflects Canadian consumers' optimism as the domestic drivers of the economy continue to hold up and support consumption. While this report is encouraging for the monthly GDP numbers due on March 31, as the first quarter data unfolds, this pace of retailing is unlikely to continue as some slowing in the labour market occurs and the economy succumbs to the headwinds from the U.S.